The Savings Expert: Are You Under 45? You Won't Get A Pension! Don't Buy A House! - Jaspreet Singh

We have to get over these money myths, that you can't build wealth if you rent where you live. You can't build wealth if you don't have access to millions of dollars. That's not true. And there's one key thing that's given much better returns than any real estate, than any stock, and even any cryptocurrencies. So let's talk about the real way to build true wealth. Jaspreet Singh is the no-nonsense financial guru.

Realtor and entrepreneur. Whose methods have helped millions of people solve their crippling money problems.

And unlock financial freedom. People don't like when I say this, but I don't say what I say to make friends. I say what I say to help people be better with money. There's a lot of people that are lacking financial education. And we're taught, study hard, get a good job, and if you continue working down that path, you're gonna become successful. Yet most people buy a house they can't afford, and statistically are living paycheck to paycheck. In fact, that's 78% of Americans. Because, ironically, the key thing that keeps so many people poor for the rest of their life is they're scared to look broke. So what do they do? They're driving around in nicer cars, going on better vacations, and to the nicer restaurants, but they no longer have money to save. They no longer have money to invest. And the problem is, we need about $1.8 million-

To retire com-

... to retire comfortably.

Wow.

So if you are in the financial danger zone, which is you don't have $2,000 saved up for an emergency and you have credit card debt, you have to make drastic changes today.

So what do I do?

Well, the first thing you gotta understand is the 75/15/10 plan, which is... But now let's dig this a little bit deeper, and let's talk about making money. I put my money in five places that has been proven to win. Number one...

This has always blown my mind a little bit. 53% of you that listen to this show regularly haven't yet subscribed to the show. So could I ask you for a favor before we start? If you like this show and you like what we do here and you wanna support us, the free, simple way that you can do just that is by hitting the subscribe button. And my commitment to you is, if you do that, then I'll do everything in my power, me and my team, to make sure that this show is better for you every single week. We'll listen to your feedback, we'll find the guests that you want me to speak to, and we'll continue to do what we do. Thank you so much. (instrumental music) Jaspreet, who should care about your message, and why should they care?

Anybody who uses money, which is everybody. The interesting thing about money is we use money every single day. It costs money to eat, and it costs money to feed other people. Yet most of us are never taught about money. So most people say, "Money doesn't matter. I shouldn't think about money. I shouldn't have to worry about money. Money's bad, money's evil." When in reality, it costs money to eat and it costs money to feed other people. And when you don't understand that, now you're the one that's gonna be paying the highest taxes. You're the one that's gonna be struggling to pay your bills. You're the one that's not gonna be able to go to Disney World. You're the one that can't pay for that amazing gift for your wife or your husband. And you're the one that can't pay for the healthcare for your parents. And you wonder why. And in this economic system that we all live in, money talks. And unless you understand that, you're never gonna be able to win in this system.